Wednesday , 15 January 2025
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Forex

Canada January GDP +0.6% vs +0.4% expected

Prior was 0.0%Services industries +0.7%Goods producing +0.2%Manufacturing +0.9%, led by transportation equipmentFebruary advance Canadian GDP +0.4%Full reportCanadian GDP got a boost from educational...

Forex

Pound Sterling drops to 1.2600 against the US Dollar

GBP/USD came under bearish pressure and fell slightly below 1.2600 in the European session on Thursday.

Forex

Japan PM Kishida: Won’t rule out any steps to respond to disorderly FX moves

Intervention watch in yen trading is high at the moment. Comments from Kishida are crossing:Important for currencies to move in stable manner, reflecting...

Forex

The USD is the strongest and the NZD is the weakest as the NA session begins

As the North American session begins, the USD is the strongest and the NZD is the weakest. Central bankers were center stage in...

Forex

Full slate of economic data coming up as North America nears the holiday

It's a strange week in the market in that the highlight comes on Friday, which is of course Good Friday and a holiday...

Forex

GBP/USD: Gains through 1.2640/1.2650 resistance needed to give Cable an additional lift from here – Scotiabank

GBP/USD holds support below 1.2600. Economists at Scotiabank analyze the pair’s outlook.

Forex

Dow Jones Technical Analysis

Yesterday, the Dow Jones finished the day positive as the lack of bearish catalysts continues to support the market. In fact, the path...

Forex

New Zealand Dollar falls across the board on weaker consumer confidence

The New Zealand Dollar (NZD) is weakening across the board on Thursday, after a leading indicator of consumer confidence in New Zealand deteriorated...

Forex

US Dollar strengthens to monthly highs as Waller pushes back on early rate cut bets

The US Dollar (USD) rallies and rejoices with the return of King Dollar after Fed Board Member Christopher Waller has pulled the plug...

Forex

South Africa Trade Balance (in Rands) registered at 14.04B above expectations (8.6B) in February

South Africa Trade Balance (in Rands) registered at 14.04B above expectations (8.6B) in February